22 juillet 2020 | International, Aérospatial
July 21, 2020 | By John A. Tirpak
If defense spending goes down in the coming year—expected because of large COVID-19 bailout packages—it could be an opportunity for Lockheed Martin, company President and Chief Executive Officer James D. Taiclet said July 21.
In a second-quarter results call with investors and financial reporters, Taiclet—in his first such call after succeeding Marillyn A. Hewson in the job—said the company isn't betting on defense budgets to go up or down. But Lockheed is sitting on so much cash—nearly $8 billion—it could go shopping for other companies in distress if budgets fall, he said.
“If there is a downturn, we're going to look for silver linings that may be there,” Taiclet said. Given the company's strong backlog and balance sheet, “there could be opportunities for us to act in a period where asset prices are depressed, for things we may want to bring into the company.” Acquisition targets “we really wanted ... might be even more available at attractive prices.” He did not discuss large possible acquisition interests, and only broadly mentioned looking at small companies able to build Lockheed's vertical integration in some technology areas.
Taiclet declined to speculate on whether budgets will rise or fall. “We're just getting the company ready for either scenario, frankly,” he said. “If it's stable or slightly rising, ... we know how to handle that. But if it's declining, we're planning for that, too.”
In case of a downturn, he's asked business area managers to do “a ‘Red Team' kind of exercise ... We would offer our customers ... ‘this is what we think you should do with our products and programs for extending'” the life of existing platforms.
With a $150 billion backlog in hand, though—a new company “high water mark,” Taiclet said—“it's going to be two to three years” before any defense budget cuts “actually go into the defense industrial base production lines, so we have time to work with the customer ... They can have their contingency plan and we're behind them 100 percent.”
Taiclet said international customers may also see budget declines, but doesn't expect Lockheed to be hit hard by that. While some requests for proposals are “moving to the right,” the planned in-service dates of prospective customers are not, he noted.
Taiclet and Kenneth R. Possenriede, vice president and chief financial officer, said the company expects 90 total new F-16 orders from Taiwan and another country; C-130s for Indonesia; Aegis systems for Japan; and MH-60R helicopters for India, as well as increasing orders for missile defense systems.
They also said the chief competitors to the U.S. are spending lavishly on defense systems and the threat is not diminishing, despite COVID. China is “aggressive and ... aspirational,” Taiclet said, while Russia is “back in the game,” making strategic investments in long-range systems to make up for its diminished ground forces.
Production of the F-35, Lockheed's marquee aeronautics program, will likely be 40 percent for foreign users in the coming years, Possenriede said. Of the aeronautics division's $9 billion in orders, $7 billion is accounted for by the F-35, with a backlog of 411 airplanes.
Taiclet noted that Lockhed has hired 9,000 new employees since the COVID-19 pandemic began, and is seeking to hire 3,000 more in this calendar year.
https://www.airforcemag.com/lockheed-martin-may-go-shopping-if-defense-budgets-fall-next-year
25 octobre 2018 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité
A l'ombre des soubresauts politiques régionaux, Doha met en place sa holding de défense. https://www.intelligenceonline.fr/grands-contrats/2018/10/24/barzan-choisit-ses-partenaires-etrangers-avec-soin,108329268-art
28 septembre 2020 | International, Terrestre, C4ISR, Sécurité
Aaron Mehta WASHINGTON — The U.S. Air Force has awarded a nearly $40 million contract to Parsons to produce ground vehicles that can clear mines or unexploded ordnance from airfields — using a laser. The package covers the procurement of 13 Recovery of Airbase Denied by Ordnance (RADBO) vehicles, as well as three spares. The system is made up of a Cougar MRAP, Parsons' three-kilowatt ZEUS laser weapon, and an arm assembly that can move debris or other objects out of the way. The idea behind the RADBO is to allow airmen to clear threats from current or future airfields – hardly the laser warfare capability sought by Pentagon planners for decades, but still a potentially important step, as it represents the first DoD ground-based laser system to be ordered into full production. The service awarded Parsons the sole-source contract on Sept. 23. Work will be performed in Huntsville, Ala., with a completion date of Sept. 2023. According to a 2018 video from the Air Force's Installation and Mission Support Center, the majority of development work on the RADBO design was done at the Army's Redstone Arsenal near Huntsville. Parsons claims the ZEUS design can hit targets “more than 300 meters away from the vehicle and is powerful enough to detonate small submunitions from cluster bombs, land mines, general purposed bombs and thick-cased artillery rounds,” per a company announcement. “This is Parsons innovation: delivering a game changing warfighting product,” Hector Cuevas, Parsons executive vice president of missile defense and C5ISR, said in a statement. “We're proud to partner with the Air Force in deploying this critical force protection and mission enabling technology that will greatly increase safe and effective explosive ordnance disposal operations.” https://www.c4isrnet.com/industry/2020/09/25/air-force-awards-laser-armed-radbo-contract-to-parsons/
7 février 2020 | International, Aérospatial
Airbus Helicopters et la Direction Générale de l'Armement (DGA) s'engagent sur des études complémentaires pour la militarisation du H160 et du soutien associé, dans le cadre du programme d'Hélicoptère Interarmées Léger (HIL). Ce marché va permettre le lancement des activités de développement préliminaires de la version militaire du H160, aussi connue sous le nom de Guépard, afin de tenir le calendrier de livraison accéléré annoncé en mai 2019 par la Ministre des armées, Florence Parly. Ces études complémentaires comporteront également un volet visant à définir le modèle optimal du soutien pour cette flotte interarmées. Airbus Helicopters, Safran Helicopter Engines et la DGA travailleront en étroite collaboration avec pour objectif de maximiser le taux de disponibilité des hélicoptères tout en optimisant les coûts de soutien de la flotte. « Le lancement dès la phase de pré-développement de ce travail collaboratif entre l'industriel et le ministère des armées pour définir le modèle de soutien du Guépard et les processus associés est essentiel. Cela permettra de garantir un taux de disponibilité élevé dès son entrée en service au sein des forces armées » a déclaré Alexandra Cros, Directrice des Affaires Gouvernementales France d'Airbus Helicopters. « Ces études s'inscrivent dans la continuité des travaux et des engagements pris récemment dans les contrats « verticalisés » pour les flottes Cougar, Caracal et Tigre des armées françaises ». Hélicoptère modulaire par conception, le Guépard permettra de couvrir avec une plateforme unique des missions allant de l'infiltration de commandos à la lutte antinavire, en passant par l'interception aérienne et l'appui-feu, répondant ainsi aux besoins de l'armée de Terre, de la Marine Nationale et de l'Armée de l'air dans le cadre du programme HIL. Le lancement du HIL anticipé en 2021 permettra de livrer les premiers hélicoptères à l'armée française dès 2026. https://www.air-cosmos.com/article/airbus-helicopters-poursuit-la-militarisation-du-h160-et-du-soutien-associ-22521